US Lawyer Database

Section 759.305 – Power to regulate issuance of telecommunications stocks; rules.

The power of telecommunications utilities to issue stocks and bonds, notes and other evidences of indebtedness and to create liens on their property situated within this state is a special privilege, the right of supervision, regulation, restriction and control of which is and shall continue to be vested in the state. Such power shall be […]

Section 759.310 – When issuance of securities void.

All stocks and bonds, notes or other evidences of indebtedness and any security of a telecommunications utility shall be void when issued: (1) Without an order of the Public Utility Commission authorizing the same then in effect except as provided in ORS 759.315 (3) or (5). (2) With the authorization of the commission, but not […]